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moneyball approach

Can A Moneyball Approach Bring Change to Evidence-based Medicine?

by Irv Lichtenwald , CEO of Medsphere Systems Corporation 12/20/2017 Leave a Comment

How Predictive Analytics Brings a Moneyball Approach to Improve Provider Financial Performance

In the early 2000s, in preparation to write his bestseller, Moneyball, author Michael Lewis was trying to figure out how the Oakland Athletics could possibly be successful. A small-market team hemmed in by financial limitations, the A’s were regularly competitive even though their budget was dwarfed by that of teams like the Los Angeles Dodgers and New York Yankees.“… part of the answer was, the experts in judging baseball talent—the baseball scouts—made a lot of mistakes,” Lewis explained. The
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